On Sat, 22 Nov 2008 12:01:41 -0800, Peter Franks wrote:
> Mason C wrote:
>> On Fri, 21 Nov 2008 15:36:55 -0800, Peter Franks <none@[EMAIL PROTECTED]
> wrote:
>>
>>> Mason C wrote:
>>>> On Fri, 21 Nov 2008 10:07:22 -0800, Peter Franks <none@[EMAIL PROTECTED]
>
wrote:
>>>>
>>>>> Mason C wrote:
>>>>>> On Thu, 20 Nov 2008 22:00:11 -0800, Peter Franks <none@[EMAIL PROTECTED]
>
wrote:
>>>>>>
>>>>>>> Mason C wrote:
>>>>>>>> That is a failure of the unregulated free market -- overselling
and
>>>>>>>> in many cases outright deception if not criminal fraud.
>>>>>>> What is an example of the deception and/or fraud?
>>>>>>>
>>>>>> Deception: telling people they could afford a house they
*obviously*
>>>>>> could *not* afford.
>>>>> ?
>>>>>
>>>>> I've always assumed that was MY responsibility. So is what you are
>>>>> saying that it is someone else's job to tell me what I can and can't
>>>>> afford???
>>>> No. Read. It is someone -- anyone's -- responsibility to not
deceive you.
>>>>
>>>>> If that is the case, I've never listened to or obeyed what
>>>>> someone else has told me to do wrt what I can and can't afford.
Please
>>>>> explain why I'm not in debt and live within my means?
>>>> You are intelligent and well-educated and not vulnerable to a sharp
>>>> mortgage salesman. Lucky you. Not all are so lucky.
>>>>>> Fraud: unrecorded verbal instruction at odds with the fine print.
>>>>> ?
>>>>>
>>>>> What are these "unrecorded verbal instructions" you speak of?
>>>> The instructions sharp mortgage salesmen gave to people strongly
>>>> desiring to own a home.
>>> So, what changed?
>>>
>>> Why were these "sharp mortgage salesmen" now pu****ng (what would soon
>>> become bad) loans?
>>
>> These salesman, many for "mortgage brokers" and many for banks, were
>> under instructions and given commissions for creating mortgages.
>
> Under instructions from whom?
>
>> I don't want to be rude but your questions suggest that you are not
>> aware of what's been happening.
>
> Oh, I'm aware. I don't agree with the conclusion, so I'm examining the
> premise. That makes sense, right?
It would if you did a bit of research and asked intelligent questions
instead of idiotic question with obvious answers. Goading people with
stupid inquiries is not honest dialog as exemplified by your last two
lines above.
--
Regards, Curly
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